Pennymac Mortgage Investment Trust's Series A Preferred Shares Yield Pushes Past 9%
June 01, 2023 at 14:42 PM EDT
In trading on Thursday, shares of Pennymac Mortgage Investment Trust's 8.125% Series A Fixed-to-Floating Rate Cumulative Redeemable Preferred Shares of Beneficial Interest (PMT. RA) were yielding above the 9% mark based on its quarterly dividend (annualized to $2.0313), with shares changing hands as low as $22.17 on the day.
